The Wisconsin Employer Survey is conducted twice a year by Wisconsin Manufacturers & Commerce (WMC) — the combined state chamber and manufacturers association. The assessment provides a snapshot of where Wisconsin’s employers stand on a number of important issues and outlines their economic outlook for both Wisconsin and the United States. For the Summer 2022 edition, WMC surveyed 216 employers that make up a representative sample of its membership. Businesses of all sizes, industries and geographic locations in Wisconsin participated. The survey was released in three separate reports on topics including: the economy; workforce; and public policies.
A new survey of Wisconsin businesses found that economic optimism is quickly waning, driving fears of an upcoming recession. According to the Wisconsin Employer Survey, 71 percent of businesses believe that the state’s economy will enter a recession within the next 12 months. Four in 10 of those surveyed expect a recession before the end of the year.
A new survey found that Wisconsin businesses are taking a variety of steps to attract and retain talent amid an ongoing workforce shortage. According to the Wisconsin Employer Survey, nearly half of businesses plan to raise wages by more than four percent in 2022 – roughly double the number that said they would just a year ago and a 12-point jump from January.
State & Federal Policy
A new survey of Wisconsin businesses found that nearly 80 percent of employers support a taxpayer-funded talent attraction campaign amidst the persistent and wide-spread workforce shortage. According to the Wisconsin Employer Survey, 70 percent of Wisconsin businesses cite the labor shortage and lack of qualified applicants as the top public policy issue facing the state.